Name: | GMM MOMENTUM BALANCED FUND |
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Category: | Balanced Fund |
License Number: | Cyprus Securities & Exchange Commission UCITS license 02/78 An investment compartment of the “GMM FUNDS” mutual fund |
Inception Date: | 31/12/2013 |
Summary Risk Indicator: | 4 (of 7) |
Custodian: | Eurobank Cyprus Ltd |
Benchmark | “Bloomberg Global EQ:F1 70:30 Index” in Euro |
Investment objective
The Investment Compartment’s investment objective is to achieve competitive returns over the medium to long-term, by investing assets in a diversified portfolio consisting primarily from stocks and secondarily corporate and government bonds, T-Bills and deposits both in all international markets. Returns come primarily from added value and capital gains and secondarily from income in the form of dividends and coupons. The investment Compartment may acquire a medium degree of exposure to a foreign currency to improve the expected return.
Based on the average valuation of assets per calendar quarter, the percentage of Investment Compartment assets invested in bonds, equities, deposits and T-Bills must be within the following ranges:
Bonds: from 0% – 50%
Equities: from 0% to 80%
Deposits and T-Bills: from 0% to 80%
Target group
The Investment Compartment aims at medium-to- long-term investors with an investment horizon over 3 years, wishing to enjoy both capital gains and periodic income by investing in a diversified portfolio consisting primarily from equities and secondarily from corporate , government bonds, T-Bills and deposits. Investors in this Fund must be willing to assume a medium to high level of investment risk.
KEY INVESTOR INFORMATION (KIID)
/in Momentum: Key Investor information /by GLOBALKEY INVESTOR INFORMATION (KIID)